Economist and former Labor Secretary Robert Reich gave an "Aspen Lecture" on the politics and economics of inequality. Reich says the wealthy would do better with a smaller share of a rapidly growing economy than a larger share of an economy that's not growing--and his words, is "essentially dead in its tracks." And if we don't have a buoyant and growing middle class, the poor can't ascend to it.
Aspen Ideas Festival: Robert Reich on inequality
Business St. Paul, Minn. ·